Thursday, February 24, 2011

Fineotex Chemicals Limited IPO - Subscription, Allotment, Listing

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Fineotex Chemicals Limited IPO got 1.44 times subscribed at the close of the IPO largely due to subscription in retail segment.

At the close of the IPO,
QII segment got subscribed 0 times
NII segment got subscribed 0.22 times
Retail segment got subscribed 4.38 times

Click here to check if you have been alloted Fineotex shares!

Fineotex Chemicals IPO got listed on 11th March. The stock rallied 101.29% to end at Rs 104.90 as against issue price of Rs 70 a share. It touched a high of Rs 157.90 and low of Rs 74.10, after opening at Rs 80.
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